Buying Tips

If you’re considering buying. a home, it’s important to understand your credit score and credit report, because well, the better your credit score, the better your interest rate. The two most important factors that determine your credit score, according to major credit scoring companies, are payment history and credit utilization. ✔️ Payment history.Pay all bills

In recent years, the term “appraisal gap coverage” has generated a lot of buzz due to rising home values and a competitive, multiple-offer market. But what does it actually mean? When you buy a home with a mortgage, the bank requires an appraisal — this is an unbiased professional opinion of a home’s value. Basically,

You may have heard mortgage rates are going to stay a bit higher for longer than originally expected. And if you’re wondering why, the answer lies in the latest economic data. Here’s a quick overview of what’s happening with mortgage rates and what experts say is ahead. Economic Factors That Impact Mortgage Rates When it comes to

Owning a home is a significant milestone, but safeguarding it with the right homeowners insurance is equally crucial. Whether you’re a first-time homeowner or a seasoned property owner, understanding the ins and outs of your insurance policy is vital. Let’s delve into the key aspects you should be aware of: Coverage Types: Unraveling the Layers

Are you a first-time home buyer? The prospect of stepping into the real estate market and finding your dream home can be both exciting and daunting. With various options available, from single-family houses to condos and apartments, it’s essential to consider what aligns best with your needs and lifestyle. One option that stands out for

If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re juggling how all of those things will impact the choice you’ll make. While housing market conditions are definitely

The process of buying a home can feel a bit intimidating, even under normal circumstances. But today’s market is still anything but normal. There continues to be a very limited number of homes for sale, and that’s creating bidding wars and driving home prices back up as buyers compete over the available homes. Navigating all

As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon.

What You Should Know About Rising Mortgage Rates After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be